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168
Nov 17, 2012
11/12
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FOXNEWS
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i believe that we have an environment right now that will lend itself to us really doing that. and it will be an extraordinary thing. you are right. tell not be easy because, you know, the federal government is still facing extraordinary deficits. i mean, we have a trillion-dollar-a-year deficit. we have to keep that in mind so when the speaker talks about putting revenues on the table that in return, we actually can tell the people of this country that we are going to stop doing what we are doing and actually begin to pay down the debt. so the tax code, i believe, is a tool for us to grow. if we can implement pro-growth tax reform, we are going to see entrepreneurs and investors put their money to work and grow this economy, create more jobs. that will be a significant piece of trying to go and manage down this debt and deficit. so think all of the stars can aline, if we can actually come together, set aside the differences and decide we are going to deliver a result for the people. >> is there any sort of cultural adjustment to do within the federal government? i point to sen
i believe that we have an environment right now that will lend itself to us really doing that. and it will be an extraordinary thing. you are right. tell not be easy because, you know, the federal government is still facing extraordinary deficits. i mean, we have a trillion-dollar-a-year deficit. we have to keep that in mind so when the speaker talks about putting revenues on the table that in return, we actually can tell the people of this country that we are going to stop doing what we are...
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92
Nov 17, 2012
11/12
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FBC
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eye 92
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it's going to take risk, and right now, we live in a risk-averse environment and a government environment that can take risks. in many ways they are afraid they will get criticized in the press or media. neil: they said businesses to risks and we ended up bailing them out, so we are averse to risk and that the ma because every time they do this, we pay for it. >> and health and medicine, we're going to have to take risks and figure out how to create new drugs and create new innovation. neil: synonymous with simona mr. conaway what you're talking about? >> there's there is a difference between the weather and climate. it's raining today, it's not raining tomorrow. the climate is the key. are there problems in healh and medicine? you bet. we need to figure out how to do multidisciplinary research on -ow not to export testing in all kinds of thingsbroad. but you know something, we have more young people, more scientists, more people that want to come to america to innovate and people that want to leave america. neil: we have fewer than ever going into a general practice nobody really wants t
it's going to take risk, and right now, we live in a risk-averse environment and a government environment that can take risks. in many ways they are afraid they will get criticized in the press or media. neil: they said businesses to risks and we ended up bailing them out, so we are averse to risk and that the ma because every time they do this, we pay for it. >> and health and medicine, we're going to have to take risks and figure out how to create new drugs and create new innovation....
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93
Nov 17, 2012
11/12
by
FBC
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eye 93
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this is not going to happen overnight, but you have to have an environment that allows it to happen. i think congress has to do something. they have to do something to bring fha in. gerri: that idea, you know, helping low-income people, forget about it. i want to ask you quickly, what is really a pr effort going on tomake people want to keep fha. here is shaun donovan saying that they have weathered the storm by taking the most aggressive and sweeping action in the history of reform. trying to make the point today that we have more money coming. everything is going to be okay. americans, go back to sleep, keep sending us your taxpayer dollars. >> absolutely not. what they are not mentioning, and they did this a year ago when they came out with a report, they knew the projected house price numbers were completely wrong. they basically ignore that. then they made a correction this time to the tune of $10 billion. well, this time they are using interest rates from july, and they are basically saying that mortgage rates are going to double by the third quarter of 2014. well, there was a
this is not going to happen overnight, but you have to have an environment that allows it to happen. i think congress has to do something. they have to do something to bring fha in. gerri: that idea, you know, helping low-income people, forget about it. i want to ask you quickly, what is really a pr effort going on tomake people want to keep fha. here is shaun donovan saying that they have weathered the storm by taking the most aggressive and sweeping action in the history of reform. trying to...
92
92
Nov 17, 2012
11/12
by
CSPAN2
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eye 92
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i think that we have kept ourselves still in this environment has been extremely competitive and you reference an area for the united states and that's energy. the united states is number one in natural gas. the united states has been working very aggressively in terms of ensuring that it is energy independent and towards this end, just the other day at "the wall street journal" highlighted the fact that the united states is now really grown exponentially in terms of its own oil production. i think were going to see more of that. precious to different powerbase and you were describing in an important range of changes, but another one that's going to matter in terms of the overall geopolitical calculation and our providing a kind of firewall for ourselves, we are doing it in this energy area and that's because of technology and diversity in those technologies. >> one last one for wolfgang and pollock. a year ago there was a lot more pessimistic talk about the failure of the western model, success is state capitalism in china and so forth. there seems to be the markup to mystic town ir
i think that we have kept ourselves still in this environment has been extremely competitive and you reference an area for the united states and that's energy. the united states is number one in natural gas. the united states has been working very aggressively in terms of ensuring that it is energy independent and towards this end, just the other day at "the wall street journal" highlighted the fact that the united states is now really grown exponentially in terms of its own oil...
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131
Nov 17, 2012
11/12
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CSPAN2
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eye 131
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but there is support for it in this environment. the system will dissolve because there's resistance. >> trevor, i often feel when you talk to political operatives on both sides and fundraisers on both sides and donors, there's a strong word, but it's kind of a self hating quality to the people who are participating in the system. they feel trapped. this thing is going to go on and therefore the plaintiff used to it. is that what is sustaining this? >> well, during the course of the campaign i had a chance to talk to a range of major republican donors and even may feel republicans are more interested in the super pacs. the party had embraced them and citizens united. i thought rummy donors say to me, this is terrible. i don't want to rent an unlimited check if this is not our president not to get selected and we need to talk about this after the election. so now i think one of the things that i be doing is certainly untruths are you back around and say are you into changing the system? if you look at it, even the candidates are pris
but there is support for it in this environment. the system will dissolve because there's resistance. >> trevor, i often feel when you talk to political operatives on both sides and fundraisers on both sides and donors, there's a strong word, but it's kind of a self hating quality to the people who are participating in the system. they feel trapped. this thing is going to go on and therefore the plaintiff used to it. is that what is sustaining this? >> well, during the course of the...
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74
Nov 17, 2012
11/12
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CSPAN
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eye 74
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you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other spending. the wars and
you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic...